Vancouver, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Emergen research is one of the pioneers in providing strategic insights for emerging and disruptive technologies which are supposed to show exponential growth in the near future., has released a report that delves deep into the dynamic landscape of the Spirometer Market. In the realm of respiratory health management and improved patient care, Emergen Research's latest analysis offers invaluable insights that are positioned to transform spirometry practices across healthcare domains.
Spirometer is a medical device used to measure the volume of air inspired and expired by the lungs. It is commonly used to assess lung function and diagnose respiratory conditions such as asthma, chronic obstructive pulmonary disease (COPD), and other lung disorders. Spirometry is a key test in pulmonary function testing, which helps healthcare professionals evaluate how well a person's lungs are working.
According to the most recent analysis by Emergen Research, the worldwide spirometer market size was USD 1.10 billion in 2022 and is predicted to grow steadily at a rate of 10.0% during the projected period. Major drivers driving market revenue growth include the technological change towards smartphone-based data collecting, increased inclination for home healthcare, and rising prevalence of respiratory disorders.
Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/1950
Scope of Research
| Report Details | Outcome |
| Market Size in 2022 | USD 1.10 Billion |
| CAGR (2023–2032) | 10.0% |
| Revenue Forecast to 2032 | USD 2.87 Billion |
| Base Year for Estimation | 2022 |
| Historical Data | 2019–2021 |
| Forecast Period | 2023–2032 |
| Quantitative Units | Revenue in USD Billion and CAGR in % from 2023 to 2032 |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered | Product type, technology, application, end-use, and region |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Country Scope | U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, and Rest of Middle East & Africa |
| Key Companies Profiled | Baxter, Jones Medical Instrument Company, MGC Diagnostics Corporation, Midmark Corporation, NDD Medical Technologies, KoKo PFT, OHD, Koninklijke Philips N.V., ICU Medical, and Teleflex Incorporated |
| Customization Scope | 10 hours of free customization and expert consultation |
Major Companies and Competitive Landscape
The global spirometer market is fairly fragmented, with a number of large and medium-sized players accounting for majority market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective solutions. Some major companies included in the global spirometer market report are:
- Baxter.
- Jones Medical Instrument Company
- MGC Diagnostics Corporation
- Midmark Corporation
- ndd Medical Technologies
- KoKo PFT
- OHD
- Koninklijke Philips N.V.
- ICU Medical
- Teleflex Incorporated
Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @ https://www.emergenresearch.com/request-discount/1950
Strategic Development
- On 19 September 2022, RxCap, Inc., a cloud-based remote monitoring enabling company, and ZEPHYRx LLC, a supplier of remote respiratory monitoring solutions, partnered to integrate ZEPHYRx cloud spirometry technology with RxCap's remote monitoring platform.
- On 16 August 2022, AstraZeneca, India's largest pharmaceutical company, partnered with Alveofit, a respiratory healthcare platform, to distribute Internet of Things (IoT)-enabled portable spirometers to hospitals around the country.
What Drives the Spirometer Market?
The spirometer market is driven by a convergence of influential factors that synergistically fuel its expansion. A pivotal force is the escalating prevalence of respiratory disorders like asthma and chronic obstructive pulmonary disease (COPD), underscoring the need for accurate and frequent lung function evaluation. The aging global populace contributes significantly, as older individuals frequently necessitate ongoing pulmonary monitoring.
Technological strides in spirometry device design enhance their precision, user-friendliness, and portability, augmenting their attractiveness to both healthcare providers and patients. Additionally, the shift towards personalized healthcare and home-based medical management amplifies demand for portable spirometers, empowering patients to conveniently monitor lung function in their familiar surroundings.
Direct Order Can Be Placed Through This Link [Exclusive Copy] @ https://www.emergenresearch.com/select-license/1950
What Challenges Constrain the Spirometer Market?
One significant constraint is the lack of awareness and understanding among both healthcare professionals and the general population about the importance of regular lung function testing. This hinders early disease detection and preventative care, limiting the market's expansion. Additionally, there is a shortage of skilled personnel trained in performing and interpreting spirometry tests, leading to inaccuracies and misdiagnoses. Moreover, reimbursement policies and healthcare system limitations can affect the accessibility of spirometry testing, particularly in lower-income regions.
Technological barriers, such as difficulties in integrating spirometry data with electronic health records or interoperability issues, can hinder seamless data management. The complexity of test administration, especially for certain patient groups, and the potential discomfort associated with forceful exhalation during testing can lead to patient non-compliance or suboptimal efforts, affecting the reliability of results. These challenges collectively restrain the full realization of the spirometer market's potential impact on respiratory health management.
Unveiling Geographic Patterns in the Spirometer Market
The spirometer market report offers a comprehensive analysis of key geographical regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Presently, North America stands as a dominant force in the spirometer market, holding the largest share on a global scale. This commanding position can be attributed to the region's early adoption of advanced respiratory measurement technologies and the strong presence of major industry players. The United States and Canada have experienced a surge in investments from diverse sectors, as organizations seek to enhance respiratory health assessment practices through data-driven insights.
Across Europe, notable contributors to spirometer market revenue include countries such as the United Kingdom, Germany, and France. These nations have placed a significant emphasis on the digital transformation of healthcare supply chains and pulmonary diagnostics, driving substantial growth in the industry.
In the Asia Pacific region, the spirometer market is poised to exhibit the highest growth rate throughout the forecast period. This expansion can be attributed to escalating expenditures by companies striving to capitalize on spirometer solutions for gaining a competitive edge. Particularly, China, India, Japan, and Australia are identified as key growth markets within the Asia Pacific region, demonstrating a strong inclination toward adopting spirometry technologies to bolster respiratory healthcare practices.
Latin America and the Middle East & Africa regions are also witnessing a gradual surge in demand for spirometer solutions. As healthcare infrastructure and awareness continue to improve, these regions are expected to contribute increasingly to the global spirometer market's growth trajectory.
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/spirometer-market
Segments Covered in Report
For the purpose of this report, Emergen Research has segmented the global spirometer market based on Product type, technology, application, end-use, and region:
- Product Type Outlook (Revenue, USD Billion; 2019-2032)
- Hand held
- Tabletop
- Software
- Consumables & Accessories
- Others
- Technology Outlook (Revenue, USD Billion; 2019-2032)
- Volume Measurement
- Flow Measurement
- Peak Flow Measurement
- Application Outlook (Revenue, USD Billion; 2019-2032)
- Asthma
- COPD
- Cystic Fibrosis
- Pulmonary Fibrosis
- Other Applications
- End-use Outlook (Revenue, USD Billion; 2019-2032)
- Hospital & Clinics
- Home Healthcare
- Others
- Regional Outlook (Revenue, USD Billion; 2019–2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
Closing Statement
The Spirometer Market is on the brink of a revolutionary surge, propelled by the ever-growing need for respiratory health management, diagnostic accuracy, and personalized patient care. With the potential to reshape pulmonary care practices across diverse healthcare settings, the integration of advanced spirometry technologies and data-driven insights is becoming indispensable.
Curated Reports You Shouldn't Miss: Dive In Now!
Companion Diagnostics Market By Technology (Immunohistochemistry, In Situ Hybridization, Polymerase Chain Reaction, Genetic Sequencing), By Disease Indication (Breast Cancer, Lung Cancer, Colorectal Cancer, Skin Cancer), By Application (Hospitals, Diagnostic Laboratories), By Region, Forecasts to 2017-2027
Precision Medicine Market By Technology (Big-Data Analytics and Bioinformatics), By Application (Oncology and CNS), By End-Use (Pharmaceutical Companies and Healthcare IT Companies), and By Region Forecast to 2030
Cell Culture Market Size, Share, Trends, By Consumables (Media, Sera, Reagents), By Product (Culture Systems, Incubators, Centrifuges, Pipetting Instruments, Biosafety Equipment, Cryostorage Equipment), By Application, Forecasts to 2027
Liquid Biopsy Market, By Product Type (Assays Kits, Instruments, Services), By Circulating Biomarkers, By Sample Type, By Technology, By Disease, By Application, By End-Use, and By Region Forecast to 2030
Microfluidics Market, By Material Type (Polymer, Silicon, Glass, Others), By Application (Point-of-Care Testing, Drug Delivery Systems, Others), By Components (Microfluidic Chips, Micropumps, Microneedles, Others), and By Region Forecast to 2030
Femtech Market By Type (Devices, Software, Services), By End-Use (Direct-to-Consumer, Hospitals, Fertility Clinics, Surgical Centers, Diagnostic Centers), By Application (Reproductive Health, Pregnancy & Nursing Care, Pelvic & Uterine Healthcare), By Region, Forecasts to 2027
Deep Brain Stimulation (DBS) Market By Product Type (Dual Channel, Single Channel, Rechargeable DBS Systems, Non-Rechargeable DBS Systems), By Application, By End-use, and By Region Forecast to 2032
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com/
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Explore Our Japanese Version: Spirometer Market
Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights
Read our Press Release @ https://www.emergenresearch.com/press-release/global-spirometer-market
